Technical Analysis : EUR/USD 17 January 2024

Forex Technical Analysis : EURUSD

Date : 17 January 2024

Momentum : Up

First Scenario : long positions above 1.08546 with targets at 1.08947, 1.09266 and 1.09676

Second Scenario : short positions below 1.08546 with targets at 1.08283, 1.08047 and 1.07793

Comment : RSI - Bullish divergence.

Supports and resistances :

1.09676 **
1.09266 *
1.08947
1.08710 - Last price
1.08283
1.08047 *
1.07793 **

Warning : This information is not a buy-sell signal.